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Oil Products Trader

Peninsula
LondonHybrid4mo ago
Employment
Full-time

About the role

MAIN RESPONSIBILITIES

  • Execute and manage physical oil trades from origination through delivery, ensuring alignment with company strategy and risk limits.
  • Identify and capitalize on arbitrage opportunities across global markets.
  • Maintain and expand relationships with counterparties, including suppliers, customers, and trading partners.
  • Analyse and interpret market conditions, fundamentals, geopolitics, and market structure to inform trading strategies.
  • Collaborate with Chartering and other internal teams to optimize shipping assets and enhance trade economics.
  • Work closely with the Hedging Desk to manage pricing risk and optimize trade margins.
  • Share market intelligence internally to maximize global trading opportunities.
  • Ensure all trades comply with internal risk management and credit policies.
  • Foster strong collaboration with Procurement and Operations teams when shared assets or synergies can create additional value.

KNOWLEDGE, SKILLS AND EXPERIENCE

  • Proven experience in physical trading of oil products (Residual and Distillate Fuels preferred).
  • Deep understanding of global oil markets and arbitrage dynamics.
  • Strong commercial acumen with the ability to think strategically and analytically.
  • Excellent negotiation skills; persuasive and influential, able to make quick, informed decisions.
  • Exceptional teamwork and communication skills to collaborate across functions, combined with the ability to work independently with high ownership and accountability.
  • Ambitious, self-motivated, and committed to continuous learning and development.
  • High level of computer literacy, including proficiency in MS Office and CRM systems. 
  • Business-level English; additional languages desirable.
  • Knowledge of residual and distillate fuel pools, feedstocks, and key parameters involved in blending, as well as ISO 8210 specifications.

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